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Good Business - Episode 12: Max Rye on building food technology company TurtleTree

Episode 12: Max Rye on building food technology company TurtleTree

Good Business

03/08/23 • 34 min

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Imagine, you’ve raised 30 million dollars and don’t have a product yet. What are you going to spend your money on? How do you ensure that operations are running smoothly and you are ready to launch? In this episode of the Good Business Podcast, we dig in with Max Rye, chief strategist at TurtleTree. It’s a food technology company that uses precision fermentation technology to create a milk replacement. We learn more about how the political landscape in Singapore has helped them scale to greater heights, why they’ve invested in continuous learning, and the importance of hiring the right people. We gained a lot of insights, so don’t miss this one!

In this conversation, we learnt...

  • What is TurtleTree and how it came about (03:53- 6:18)
  • How and why Singapore is a great space for food technology start-ups (06:21 – 11:07)
  • Why Max and the founder, Fengru, joined an EMBA (executive MBA) programme to enhance their learning (11:18 – 14:03)
  • What it’s like to be in a nascent industry (14:23 – 15:26)
  • Max’s thoughts on the future of milk (16:37 – 19:33)
  • The operations of TurtleTree, from funding to R&D to HR (19:54 – 26:07)

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03/08/23 • 34 min

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Good Business - Episode 12: Max Rye on building food technology company TurtleTree

Transcript

Chris Edwards:

Hey, Max, so great that you can join me here today. Thank you.

Max Rye:

Well, thank you, Chris. Thank you for inviting me.

Chris Edwards:

I'm so intrigued by TurtleTree. Let's start at the beginning. Can you tell us what is TurtleTree? And what are you doing?

Max Rye:

Yeah, so we are actually a biotech company. And we're using techn

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